Companies want the skinny on lending when getting credit is tough

My bank participated in the Small Business Expo hosted by the Small Business and Development Committee of the Guam Chamber of Commerce on June 26. My colleagues and I fielded a host of questions on lending related matters. One item of concern was inventory control for the small business at a time like this. In the import/export space suppliers both in the U.S. and out are tightening terms of payment requiring cash up front or letters of credit and small businesses are faced with coming up with some "creative financing "" ideas to get the goods on the shelf . . .

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